SB 799
Permitting Auditor to hire private auctioneer to conduct annual auction of land sales
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill allows the West Virginia State Auditor to hire a private auctioneer to conduct annual auctions of tax liens and other unentered, escheated, and unappropriated land. The Auditor can charge a buyer’s fee to the auctioneer in these instances. The bill also outlines specific requirements for potential bidders, including registration and compliance with code enforcement. It establishes a process for former landowners to claim any surplus proceeds from the sales, directing a portion to the school fund and general revenue fund.
Key provisions
- Allows the State Auditor to hire a private auctioneer for land sales auctions.
- Establishes a 10% buyer’s fee paid to the auctioneer.
- Specifies eligibility requirements for potential bidders, including registration and compliance with code.
- Outlines a process for former landowners to claim surplus proceeds from sales.
- Directs a portion of surplus proceeds to the general school fund and general revenue fund.
- Requires bidders to register in advance with the Auditor’s office.
- Defines eligible bidders as nonprofit corporations with a focus on housing or public facilities.
- Specifies conditions under which the Auditor can deregister or refuse to register a potential bidder.
Who is affected
- State Auditor’s Office
- Tax lienholders
- Potential land bidders
- Former owners of tax lien properties
- County Sheriffs
Notable changes
Sponsors
Official sponsors from legislative records.
Primary sponsor
Smith (Mr. President)
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yours